NTU 0.00% 2.0¢ northern minerals limited

Sharply dropping price in Chinese dysprosium oxide market, page-76

  1. 15,535 Posts.
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    Fair chance, LT chart shows 10yrs of lower highs & lower lows as it's morphed from:

    The glorious daze as a Uranium spec when it hit $1.25 April 2007, then tumbled to $0.059 July 2010

    Rebirthed as a RE prospect and ran to $1.00 April 2011 (remember it well, in & out in 4 weeks, thank yer muther fer the rabbits) then took 6yrs maintaining the pretense of full separation to make a new low $0.057 Feb 2016

    Unable to maintain the fantasy as DyO collapsed to ~US$170kg it had a brief flurry to $0.16 on reinvention as con. pilot, before falling to $0.095, and today a new low in the current series $0.094.

    Overriding momentum is all one way, Lombard St to a China orange this thing will test that $0.057 low again shortly.
 
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